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SENTIMENT REMAINS LITTLE CHANGED ON THE WEEK

Sentiment readings are little changed over the last week as the AAII’s percentage of bullish investors ticked higher just slightly to a reading of 43.  Sentiment has been little changed over the last few weeks with the exception of the short lived scare from Dubai.  Despite the market’s flat lined performance over the last two months (is this a foreshadowing of things to come?) investors remain somewhat jittery.  The bi-polar market is still very much alive and I would fully expect volatility in the market and psychology to pick up steam following the low volume holiday trading season.

AAII

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